France is paving the way for a digital Euro, but how will its CBDC shape up, and what effect will it have on the cryptocurrency industry? Lately, it seems that most major national banks are toying with the notion of a national digital currency. France is conducting tests of its own now, and it could […]
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Compound Finance, TD Ameritrade and Cumberland DRW launch the Chicago DeFi Alliance, a new project aiming to support DeFi development. Amid the apparent ongoing collapse in decentralized finance (DeFi) lending, a group of major trading and cryptocurrency companies in the United States are launching an alliance to support the sector. Introduced on April 7, the […]
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Multi-billion dollar companies are more likely to use blockchain for traceability than for payments, according to a new analysis. Multi-billion dollar companies are more likely to use blockchain for traceability and provenance than for payments and settlement, according to a new analysis of the Forbes Blockchain 50. The now annual Blockchain 50 list was published […]
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The lack of institutionalization within the crypto space is the main obstacle for its further development and mass adoption. If the current COVID-19 pandemic has exemplified one thing, it is that our individual actions have consequences for all of us. Unfortunately, human nature propels the majority of humankind to put its individual interests first, and […]
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The authors of a report for the World Economic Forum argue that blockchain technology is key to mitigating the impact of disruptions like the COVID-19 pandemic. As the COVID-19 pandemic brings major economies to their heel under lockdown, there is mounting concern that the global trade and supply chain system could buckle within weeks. Collapsed […]
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While crypto spending has fallen in some areas, Coingate reported an increase in the number of adult entertainment transactions. While many crypto holders around the world are practicing self-quarantine and other measures to limit social contact, some are turning to the adult industry for comfort. Speaking to Cointelegraph, cryptocurrency payment processor CoinGate reported an increase […]
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Most top performers have reached their resistance levels and may consolidate or correct over the next week. Consumer attitudes are changing towards banknotes and credit cards as reports suggest that the deadly coronavirus can spread by their use. The Bank of International Settlements (BIS) has, therefore, urged the central banks to consider developing central bank […]
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Cointelegraph spoke to Guardicore’s Ophir Harpaz regarding the recently identified crypto mining botnet Vollgar. Cybersecurity firm, Guardicore Labs, revealed the identification of a malicious crypto-mining botnet that has been operating for nearly two years on April 1. The threat actor, dubbed ‘Vollgar’ based on its mining of the little-known altcoin, Vollar (VSD), targets Windows machines […]
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Amid growing concerns regarding the transmission of COVID-19, the Bank of International Settlements is pushing for digital currencies. The Bank of International Settlements (BIS) has issued a report arguing in favor of central bank digital currencies (CBDCs) and digital payments amid the COVID-19 pandemic. The bulletin published by the BIS, a 600-member international financial institution representing […]
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Blockchain-based digital identity is becoming mainstream with banks, financial organizations rise to the adoption challenge. Digital identity solutions are on the rise as consumers seek security and accessibility in a digitized world. A new report from 360iResearch shows that the global digital identity market is expected to have reached about $37 Million by the end […]
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